Marcus Webb 
U.S. business activity expanded at its fastest pace in five months in June, driven by a sharp rebound in manufacturing output, according to the latest S&P Global flash PMI data. The composite PMI rose to 52.2 in June, up from…
Iran and Oman have announced their intention to work on a pact regarding the administration of the Strait of Hormuz, including navigation services and transit costs. This development is significant as traders and Western allies have expressed concerns over potential…
Walmart Inc. announced on June 23, 2026, that it has agreed to acquire Vibe.co, a self-serve connected television (CTV) advertising platform targeting small and mid-market advertisers. The deal’s financial terms were not disclosed. This acquisition marks Walmart’s latest push into…
Orange EV has hit a major milestone, delivering its 2,000th electric terminal truck to Coca-Cola Canada Bottling on June 23, 2026. The deployment expands Coke Canada’s electric yard truck operations in British Columbia and Quebec, marking a significant step in…
Octopus Energy Group Ltd. and Chinese battery manufacturer Contemporary Amperex Technology Co. (CATL) have announced a joint venture to build a European network of battery-swapping hubs for trucks, with the first locations set to launch in the U.K. next year.…
Global shipping traffic through the Strait of Hormuz has rebounded since a U.S.-Iran interim agreement eased wartime restrictions, but the future of the critical waterway remains mired in dispute. The strait, a chokepoint linking the Persian Gulf to the Gulf…
Global oil prices extended their decline on June 23, 2026, amid rising hopes for a breakthrough in the Iran war negotiations. Brent crude, the international benchmark, dropped 43 cents to settle at $77.47 per barrel, while U.S. benchmark crude fell…
The 37th edition of the BMW International Open tees off July 1–5, 2026, at Golfclub München Eichenried, marking 37 years under the same title sponsor. BMW has been the tournament’s organiser since 1989, making it the longest-running event on the…
The Jeep Wrangler’s first six-speed manual transmission wasn’t homegrown—it came from Mercedes-Benz. The NSG370 gearbox, originally developed for the Chrysler Crossfire, debuted under the Wrangler’s hood in 2005, marking the first time the off-road legend offered a six-speed shifter of…
Arie Luyendyk, also known as the Flying Dutchman, set the fastest-ever one- and four-lap qualifying times at the Indy 500 in 1996, with a single-lap top speed of 237.498 mph and an average of 236.986 mph for four laps. Despite…